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OPINION
Biden’s Executive Order Promoting Competition is Creeping Socialism
Brian Darling
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Posted: Jul 10, 2021 12:01 AM
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America’s $28.5 trillion in accumulated debt and likely $3 trillion in debt this year alone speaks loudly to the utter failure of government to be efficient and rational allocator of resources. Yet, in the face of failure, Joe Biden’s is pushing out executive orders “promoting competition in the American economy” as if government is going to manage private enterprise better than the actual CEOs of America’s biggest and most successful corporations.
These executive actions are creeping socialism. They will be harmful to economic growth and American competitiveness going forward. Government has no business meddling in the free market and private enterprise.
During Biden’s announcement of his sweeping attack on private enterprise, he describes himself as a “proud capitalist,” moments before he tried to redefine capitalism as something that needs to be managed by government regulations. It is much like the anti-gun Democrats who claim to support the Second Amendment natural rights of Americans to defend themselves with a firearm before they promote sweeping gun control. Biden’s announcement is strong evidence that his administration is going hard left to please a cadre of progressives pushing an ideology that sees large corporations as inherently a threat to competition.
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READ MORE: https://townhall.com/columnists/briandarling/2021/07/10/bidens-executive-order-promoting-competition-is-creeping-socialism-n2592317
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